Dec 6, 2013 8:00am EST
in the region. with thehat this is involvement of the u.n. and it can be the escalated. >> thank you so much for joining us. pimco's ceo, thank you so much. we will be back in just a few minutes. ♪ >> that does it for us today. the congressman from virginia will weigh in on the deadline and the final three -- week to read to deal. ceo of siemens will also be "in the loop. c" that is all week long. it is 56 past the hour, which means we are on the market. scarlet fu has more. >> we are 30 minutes into trading and stock are making a big comeback. we are up by 9/10 of one percent. all 10 industry groups are on the rise. we are led by financials and raw materials. there was an immediate pop in the 10 year yield. that has used. it is down to 2.87%. the dollar is gaining against the yen. 102.85 is the current trade. oil futures are holding steady after today's surprising jobs report. it is a mixed picture. whont to bring in jeffrey, joins us from the nymex. let's start with the jobs report. what do they need for energy prices? >> it is a matter of perception. the economy seems to be doing well.
Dec 9, 2013 5:00am EST
that the very beneficial position u.k. have n the through that will change. you have seen in a statement last week, statements about tax addressing resident, ownership of esidential property and clamping done on that tax benefit. think that will just increasingly move in that direction. moral and g social, political shift in taxation. >> is there any other country? a lot clients that say i want to do everything i get less where do tax? > i think in is a combination between really cutting down on contrived taxsive voidance as compared to a growing move generally in the more developed countries of looking at tax systems and how can be more beneficial and easier to work with. so, you encourage people to pay a reasonable amount of tax but them for take everything they have got. talking about the u.k., it is has esting because it evolved from quite an un a more ve tax system to attractive system now. so there is a recognize next tackle the egregious stuff but otherwise encourage people to take a bit of a tax hit but encourage them to undertake heir activities and sets up business and become reside
Dec 5, 2013 5:00pm EST
a statement on the death of nelson mandela from the white house. what impacts has nelson mandela had on u.s. president politics? >> two things. first of all, i did want to make a point, which in south africa, there is actually going to be a lot of impact here. he a.n.c. has elections coming up, and they have had a hard time of it. the economy has had a difficult time. the a.n.c. has never gotten since 2% of the vote mandela was in charge of the country. they were set to under perform, and now they are not. now the vote turn out will be great, and it will be very solidly pro a.n.c. the legacy of mandela is really going to matter there. for the united states, in recent years mandela has had the kind of impact that martin luther king had. -- unifying union figure that gets beyond race. some of the best moments that you see in american statesmanship reflects the kind of rhetoric and ideals that mandela actually lived by. but when you look at congress today, when you look at what happened to obama in the knife years since he was initially elected, i think we are very r, sadly, from mandela's